John Preis was named president and chief executive officer of the $3.5 billion YMCA Retirement Fund, New York. Officials of the defined contribution plan selected him to replace Harold Smith, who recently retired. Mr. Preis was associate dean for finance administration at Columbia University's Graduate School of Business, New York.
J. Randall MacDonald was named senior vice president of human resources at IBM Corp., Stamford, Conn., replacing Tom Bouchard, who is retiring at the end of July. Mr. Bouchard last year oversaw the company's makeover of its traditional pension plan into a cash balance plan. Mr. MacDonald was executive vice president for human resources and administration at GTE Corp., Stamford, Conn.
"Tom has made some tough calls, but he never wavered in doing what he believed was in the best long-term interests of our company and our entire work force," IBM Chief Executive Officer Lou Gerstner told senior management in a memo dated June 26.
Patrick Mitchell, the outgoing California State Teachers' Retirement System chief investment officer, on July 17 will join Metropolitan West Financial, Los Angeles, as principal and managing director. He will spearhead a planned move into private equities and alternative investments and will support the financial firm's existing businesses, which include securities lending and money management.
The $111 billion CalSTRS, Sacramento, plans to name a new chief investment officer in mid-August, hoping Mr. Mitchell's successor will be on board a month later.
Anne M. Tatlock was named chairwoman of Fiduciary Trust Co. International, New York, replacing Lawrence S. Huntington, who is retiring after 39 years with the company. Ms. Tatlock will remain chief executive officer, a post she has held since September.
Ms. Tatlock, however, is giving up the job of president to William Y. Yun, who was head of the company's institutional equity department. The equity functions at Fiduciary Trust are team-managed and Mr. Yun will not be replaced, said Katherine McMillan, a spokeswoman for the company.
Christine A. Callies joined Merrill Lynch, New York, as chief U.S. investment strategist for equities for institutional investors, a new position. She will manage the firm's TAA model, the Merrill Lynch Investment Clock.
Ms. Callies was chief U.S. market strategist at Credit Suisse First Boston, New York. The firm is seeking Ms. Callies' replacement, said spokeswoman Victoria Harmon.
Wade Dokken was named president and chief executive officer of American Skandia Inc., Shelton, Conn. He joined American Skandia in 1989 and has been chief operating officer and deputy chief executive officer since 1998. Mr. Dokken replaces Jan R. Carendi, who is stepping down after 13 years as CEO. Mr. Carendi will remain chairman of the board through the transitional period.
Michael T. Daley was hired as executive vice president of The Principal Financial Group, Des Moines, Iowa. It is a new position. He was senior vice president and general manager of the defined contribution business at CIGNA, Hartford, Conn.
Veronique Weill, head of technology and operations for New York-based J.P. Morgan Investment Management's European services, was appointed head of global technology and operations asset management business. She replaces John Schmidlin, who was promoted to chief operating officer for the firm's private banking arm.
Ms. Weill will report to Ramon de Oliveira, head of J.P. Morgan's Asset Management Services business.